Donald Trump put his head on Rocky’s body and Twitter was having none of it November 28, 2019 Twitter users have hit back at Donald Trump after the US President posted a picture of his head photoshopped onto the body of Sylvester Stallone’s iconic character Rocky. The punchy image was posted after Trump boasted about his “gorgeous” chest at a rally in Florida on Tuesday. Read more: Trump boasts to crowds about his [...]
Motorpoint takes hefty profit hit due to low consumer confidence November 28, 2019 Profit at Motorpoint, the UK’s largest independent vehicle retailer, fell nearly 20 per cent this morning as the company struggled with lower consumer confidence. Shares in Motorpoint were up 2.3 per cent this morning. Read more: Amigo shares jump as it boosts customer numbers and loan book The figures Profit at the car seller fell [...]
UK supermarkets further increase plastic footprint despite pledges November 28, 2019 Seven out of the UK’s top 10 supermarkets increased their plastic footprint , as the total amount of plastic packaging used rose to 900,000 tonnes a year. Out of the UK’s 10 largest supermarkets, only Waitrose, Tesco and Sainsbury’s achieved marginal reductions over the past 12 months. Read more: Unilever pledges to cut plastic use [...]
Cairn Energy quits Norway with $100m subsidiary sale November 27, 2019 Edinburgh-headquartered Cairn Energy this morning announced it would sell its final Norwegian oil subsidiary to Solveig Gas for $100m (£77.7m). The disposal of Capricorn Norge AS, which is expected to complete in January, will see Cairn reduce its committed exploration capital expenditure by $100m. Read more: Cairn Energy shares drop 10 per cent The FTSE [...]
Abu Dhabi and Kuwait funds plan investment in Saudi Aramco IPO November 27, 2019 The national investment bodies of Abu Dhabi and Kuwait are planning investments in Saudi Aramco’s upcoming initial public offering (IPO). Multiple sources told Reuters that the Abu Dhabi Investment Authority (Adia) is taking a stake worth at least $1bn (£780m). Any final decision on the size of the investment will need board approval. Read more: [...]
Jeremy Corbyn: ‘Secret documents confirm NHS on the table in post-Brexit trade talks’ November 27, 2019 Labour leader Jeremy Corbyn has revealed “secret” government documents that he says confirms the Conservatives will put the NHS “up for sale”. The “secret report” shows conversations between US and UK officials discussing giving access US drug companies access to the NHS, according to Corbyn. International trade secretary Liz Truss denied Corbyn’s claims and called [...]
Longboat Energy IPO raises £10m in London debut November 26, 2019 Longboat Energy, a new North Sea oil company, today announced it had raised £10m in its initial public offering on London’s AIM. The company, which is led by the former leadership of Faroe Petroleum, priced the offering at 100p per share. Read more: China’s Sdic power to list in London for up to £640m Blue-chips [...]
UDG in excellent health as profits rise in full year results November 26, 2019 UDG Healthcare, the international healthcare services supplier, posted a rise in annual profit today on the back of less one-off charges and margin improvements. The FTSE 250 firm also said its earnings per share rose seven per cent in the company’s year end results, at the top end of its previous guidance. Read more: Compass [...]
Oil industry to spend £15bn on North Sea decommissioning November 26, 2019 The UK oil and gas industry is set to spend more than £15bn on decommissioning activity in the North Sea over the next decade, as thousands of wells are expected to be withdrawn from service by 2030. According to a new report from industry body Oil and Gas UK (OGUK), 2,379 wells will be decommissioned [...]
Global emissions must be cut 7.6 per cent a year to meet Paris targets November 26, 2019 Unless greenhouse gas emissions fall 7.6 per cent each year for the next decade, the world will miss its chance to limit the global temperature rise to 1.5 degrees celsius. A new report from the United Nations environment programme (Unep) finds that on current pledges, the world is heading for a 3.2 degree rise. Read [...]
